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• catalog abstract "Regulation reached its zenith in the 1960s. The 1980s was the decade of deregulation. The 1990s afford us an important opportunity to assess what is left of regulation and its impact on the economy. And who better to do this than Paul W. MacAvoy, one of America's most respected experts on the economics of industry? Beginning with the Act to Regulate Commerce of 1887, Professor MacAvoy traces the rise of regulation over one hundred years to its sharp curtailment in the. 1980s. Originally invoked as a means of controlling the prices set by monopolies, this policy tool found extended use in the last quarter-century to do everything from keeping down energy prices to protecting the health and safety of workers and the quality of the environment. In most cases regulation has been founded on the best of intentions, but as the deregulation of the airline, trucking, and railroad industries in the 1980s made clear there are other ways of. Achieving social objectives. It is thus useful to ask whether the remaining regulation is having its intended effects, as well as whether there are more effective ways of achieving those same objectives, including strict reliance on open and competitive markets. With this comprehensive study of the economywide effect of regulation, Paul MacAvoy considers just this issue. His analysis begins with price regulation, assessing its impact in terms of lost growth in output due. To rigid prices and declining quality of service. He then does the same for health, safety, and environmental protection regulation, this time measuring the higher costs from regulatory standards against safer working conditions and better air quality. He finds that regulation is expensive, particularly when you consider that there are other ways to achieve both greater consumer welfare and a larger economy. In a concluding chapter, Professor MacAvoy looks at regulatory. Reform and finds plenty of room for further reductions in regulation.".
• catalog contributor b3810220.
• catalog coverage "United States Economic policy 1971-1981.".
• catalog coverage "United States Economic policy 1981-1993.".
• catalog created "c1992.".
• catalog date "1992".
• catalog date "c1992.".
• catalog dateCopyrighted "c1992.".
• catalog description "1980s. Originally invoked as a means of controlling the prices set by monopolies, this policy tool found extended use in the last quarter-century to do everything from keeping down energy prices to protecting the health and safety of workers and the quality of the environment. In most cases regulation has been founded on the best of intentions, but as the deregulation of the airline, trucking, and railroad industries in the 1980s made clear there are other ways of.".
• catalog description "Achieving social objectives. It is thus useful to ask whether the remaining regulation is having its intended effects, as well as whether there are more effective ways of achieving those same objectives, including strict reliance on open and competitive markets. With this comprehensive study of the economywide effect of regulation, Paul MacAvoy considers just this issue. His analysis begins with price regulation, assessing its impact in terms of lost growth in output due.".
• catalog description "Includes bibliographical references (p. 135-139) and index.".
• catalog description "Introduction -- The nature and extent of regulation -- Price controls and industry performance -- Health and safety regulation -- Regulatory reform.".
• catalog description "Reform and finds plenty of room for further reductions in regulation.".
• catalog description "Regulation reached its zenith in the 1960s. The 1980s was the decade of deregulation. The 1990s afford us an important opportunity to assess what is left of regulation and its impact on the economy. And who better to do this than Paul W. MacAvoy, one of America's most respected experts on the economics of industry? Beginning with the Act to Regulate Commerce of 1887, Professor MacAvoy traces the rise of regulation over one hundred years to its sharp curtailment in the.".
• catalog description "To rigid prices and declining quality of service. He then does the same for health, safety, and environmental protection regulation, this time measuring the higher costs from regulatory standards against safer working conditions and better air quality. He finds that regulation is expensive, particularly when you consider that there are other ways to achieve both greater consumer welfare and a larger economy. In a concluding chapter, Professor MacAvoy looks at regulatory.".
• catalog extent "x, 148 p. :".
• catalog identifier "0393961869 :".
• catalog issued "1992".
• catalog issued "c1992.".
• catalog language "eng".
• catalog publisher "New York : W.W. Norton,".
• catalog spatial "United States Economic policy 1971-1981.".
• catalog spatial "United States Economic policy 1981-1993.".
• catalog spatial "United States.".
• catalog subject "338.973 20".
• catalog subject "HD3616.U47 M275 1992".
• catalog subject "Industrial policy United States.".
• catalog subject "Trade regulation United States.".
• catalog tableOfContents "Introduction -- The nature and extent of regulation -- Price controls and industry performance -- Health and safety regulation -- Regulatory reform.".
• catalog title "Industry regulation and the performance of the American economy / Paul W. MacAvoy.".
• catalog type "text".